Codyt Signs Business Agreement with Korea Chain Store Association

CODIT, an AI-based law, regulation, and policy platform, announced on the 28th that it signed a business agreement (MOU) with the Korea Chain Store Association at 2:00 PM on February 27th at the CODIT office in Yeouido, Seoul to promote response to laws and policies and information exchange related to the distribution industry.

This agreement was promoted to support companies in the rapidly changing distribution industry environment to respond more quickly and accurately to policy changes. Through the agreement, the two organizations plan to cooperate to enable the distribution industry to effectively respond to changes in laws and policies, and to prepare practical support measures for the sustainable growth of companies.

The main contents of the agreement include ▲sharing of data on laws and policies related to the distribution industry ▲joint research and policy proposals for responding to distribution regulations ▲cooperation in investigating distribution laws and systems and suggesting improvement measures ▲operation of joint seminars, policy discussions, and education programs, etc. In addition, Codit plans to provide discounts on its AI policy monitoring platform to association members to support the distribution industry in analyzing and responding to the latest laws and policy trends in real time.

Jeong Ji-eun, CEO of Codit, said, “The distribution industry is affected by various laws and policies, from supply chain operation to distribution channel management and regulations on large-scale mart operations, so a systematic response is important.” She added, “Codit will provide real-time analysis and customized policy information on changes in complex distribution regulations, such as the Distribution Industry Development Act, Large-Scale Distribution Business Act, and Fair Trade Act, to help companies establish effective response strategies.”


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